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The purpose of life is to be loved by as many people as possible among those you want to have love you

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Among
Loved
Possible
Purpose
Many
Love
Life
People

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Does the business have a consistent operating history?
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If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.
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Read 500 pages every day. That's how knowledge works. It builds up like compound interest.
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The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
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Don't risk what is important to you, to get what is not important to you.
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The most dangerous distractions are the ones you love, but that don’t love you back.
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In economics, you always want to ask 'And then what?'
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It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
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Someone is sitting in the shade today because someone planted a tree a long time ago.
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The U.S. Treasury has got borrowing costs like nobody else has.
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The big question about how people behave is whether they've got an Inner Scorecard or an Outer Scorecard. It helps if you can be satisfied with an Inner Scorecard.
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I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.
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There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.
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Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices
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A stock doesn't know that you own it.
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It’s not that I want money. It’s the fun of making money and watching it grow.
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A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.
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I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.
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If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
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When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
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